Periskop looks to expand into new European senior living markets

Alexander Fröse, managing partner and founder of Periskop Living, outlines the group’s plans to expand its senior living investment strategy beyond Germany and into new European markets.

Speaking to Real Asset Media, Fröse said: “Periskop Living is headquartered in Berlin. It’s an investment management company just focused on health care, typically on senior living, which means care homes and assisted living facilities.”

He said the firm is now looking to deploy capital more broadly across Europe. “We already wanted to invest outside of Germany, and we are looking forward to having more of a European outreach, which means potentially in the Netherlands and other countries where we will allocate our future equity as well.”

Fröse highlighted the scale of Periskop’s existing platform and its vertically integrated structure, saying the group has built a fully integrated holding company and invested roughly €200 million in the senior living sector over recent years.

The strategy remains focused on value creation through hands-on management of existing assets. “To really maximise value for the society and our investors and ourselves, we have primarily a focus on existing assets, which we can reposition in having a real proactive asset management approach,” Fröse said.

He added that development opportunities may also be considered where scale and returns justify the approach. “We are open to looking into development sectors as well, and at asset classes, if the business case makes sense, and in the best case, is scalable.”

For further information on Periskop Living: www.periskop.ag